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Greenlane Renewables Inc T.GRN

Alternate Symbol(s):  GRNWF

Greenlane Renewables Inc. is a Canada-based company, which provides biogas upgrading systems. Its systems produce clean, renewable natural gas from organic-waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as commercial vehicle fuel. The biogas upgrading systems, marketed and sold by the Company under the Greenlane Renewables brand, remove impurities and separate carbon dioxide from bio methane in the raw biogas created from the anaerobic decomposition of organic waste at landfills, wastewater treatment plants, farms, food waste streams, and other feedstock sources. It is engaged in deploying the three main upgrading technologies: water wash, pressure swing adsorption, and membrane separation, plus proprietary biogas desulfurization technology. It has delivered over 145 biogas upgrading systems into 19 countries and over 160 biogas desulfurization units.


TSX:GRN - Post by User

Post by Sheshe1234on Dec 23, 2021 8:09am
249 Views
Post# 34257282

NEWS

NEWS

Greenlane Renewables Signs $12.1 Million Contract with FortisBC to Supply Biogas Upgrading System to Vancouver Landfill

T.GRN 

~Greenlane will supply biogas upgrading system for landfill gas to pipeline-injection renewable natural gas project in British Columbia~

VANCOUVER, BCDec. 23, 2021 /CNW/ - Greenlane Renewables Inc. ("Greenlane") (TSX: GRN) (FSE: 52G) today announced that its wholly-owned subsidiary, Greenlane Biogas North America Ltd., has been awarded a $12.1 million contract by FortisBC Energy Inc. ("FortisBC") for the supply of a biogas upgrading system for a new project at the Vancouver landfill in British Columbia, Canada. Order fulfillment is expected to commence immediately.

Greenlane will supply its two-stage pressure swing adsorption ("PSA") system to upgrade the landfill gas to clean, low carbon renewable natural gas ("RNG") for direct injection into FortisBC's regional natural gas pipeline system.

"Greenlane is proud to have been chosen by FortisBC as a key supplier in the City of Vancouver's landfill gas-to-RNG project for the supply of our PSA biogas upgrading system," commented Brad Douville, President and CEO of Greenlane. "Greenlane's continued success in winning supply contracts for complex projects is a testament to our people, proven track record, and comprehensive portfolio of biogas upgrading systems using the most compelling core technologies. We look forward to working yet again with FortisBC, an early mover in adopting RNG as a low carbon and carbon-negative fuel to help decarbonize its natural gas supply."

"Increasing the amount of RNG supply in our natural gas delivery system is an important driver in helping our customers reduce their greenhouse gas emissions by 30 per cent by 2030, and this project will meaningfully increase that RNG supply," said David Bennett, Director of Renewable Gas and Low Carbon Fuels with FortisBC. "Greenlane's expertise and experience in biogas upgrading is a welcome addition to this exciting project."


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